Results 11 to 20 of about 2,647,624 (407)
Effect of external debt on economic growth in sub-Saharan Africa: System GMM estimation
Cogent Economics & Finance, 2023 Following the upsurge of external debt in SSA countries, the effect of external debt on economic growth has captured the attention of empirical studies during the last two decades of the twenty-first century.
Isubalew Daba Ayana +2 more
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External debt and economic growth in Sub-Saharan Africa: does heterogeneity in the quality of public sector management make a difference? [PDF]
Heliyon, 2022 This study empirically examines the effect of external debt on economic growth, taking into account heterogeneity in public sector management (PSM) across 31 selected sub-Sahara African (SSA) countries spanning 2005 to 2017. In this study, we contributed
Joshua Nsanyan Sandow +2 more
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External Debt Management in Romania [PDF]
SSRN Electronic Journal, 2013 This paper approaches the evolution of Romania’s foreign debt in three periods of time: during Nicolae Ceausescu regime, in the transition period and the one which followed the adhesion to European Union. For all three periods the external debt management had to deal with different circumstances: the sharp increase of real interest rates from the 1980s,
Dumitriu, Ramona, Stefanescu, Razvan
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EXTERNAL DEBT: INDONESIA IS IN A DEBT TRAP?
Ekuitas: Jurnal Ekonomi dan KeuanganCountries with limited domestic funding resources, including Indonesia, urgently need external debt. External debt requires good management so that it does not become a burden or even ensnare the debtor country (debt trap).
Nur Feriyanto +3 more
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Growth and External Debt Under Risk of Debt Repudiation [PDF]
European Economic Review, 1985 We analyze the pattern of growth of a nation which borrows abroad and which has the option of repudiating its foreign debt. We show that the equilibrium strategy of competitive lenders is to make the growth of the foreign debt contingent on the growth of the borrowing country. We give a closed-form solution to a linear version of our model. The economy,
Cohen, Daniel, Sachs, Jeffrey D.
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External Debt - Blessing or Curse: Empirical Evidence from Pakistan
International Journal of Economics and Financial Issues, 2020 This study investigates the impact of external debt on the economic growth of Pakistan using annual time series data over the period 1976 to 2018. For this purpose, the syntheses of debt overhang and debt crowding-out hypotheses are examined within the ...
Minhaj ud-Din +2 more
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Commodity Windfalls, Democracy and External Debt [PDF]
The Economic Journal, 2012 We examine the effects that windfalls from international commodity price booms have on external debt in a panel of 93 countries during the period 1970–2007. Our main finding is that increases in the international prices of exported commodity goods lead to a significant reduction in the level of external debt in democracies but to no significant ...
Arezki, Rabah, Bruckner, Markus
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External Debt, Adjustment, and Growth [PDF]
, 2007 High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and severity of the financial and economic crises in recent years, reflecting runaway fiscal deficits and excessive foreign borrowing by the private sector.
Mariano, Roberto S., Villanueva, Delano
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External Debt and Political Instability [PDF]
, 1991 This paper studies theoretically and empirically the role of domestic political incentives in the accumulation of large external debts by developing countries during 1972-81. The theoretical model characterizes two equilibrium regimes. In one regime the borrower is on its demand curve and changes in the loan size demand are accommodated by the lenders.
Guido Tabellini +3 more
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CHALLENGES, VULNERABILITIES AND WAYS OF APPROACH IN ROMANIA'S EXTERNAL DEBT SUSTAINABILITY [PDF]
Annals of the University of Oradea: Economic Science, 2011 The notion of a country's external debt, measured by a complex system of static and dynamic indicators, knows a lot of approaches and opinions in the literature, more or less convergent, complementary and advanced in terms of factors.
Zaman Gheorghe
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